Quick charity verification for Placitas Community Library (EIN: 200791230)
Verdict: Placitas Community Library appears trustworthy
92/100Mission Score
$195KRevenue
$557KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth (from $98,779 in 2020 to $153,101 in 2023).
Zero officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
Healthy and growing asset base ($514,570 in 2023).
Minimal liabilities ($2,075 in 2023), indicating strong financial management.
Strong program focus with a high percentage of expenses likely directed to mission-related activities.
Spending Breakdown
How Placitas Community Library allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Placitas Community Library
Is Placitas Community Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Placitas Community Library (EIN: 200791230) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Placitas Community Library a good charity to donate to?
Placitas Community Library has a Mission Score of 92/100. Revenue: $195K. Assets: $557K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Placitas Community Library?
The Employer Identification Number (EIN) for Placitas Community Library is 200791230. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Placitas Community Library spend its money?
Placitas Community Library allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Placitas Community Library's tax-exempt status?
You can verify Placitas Community Library's tax-exempt status using EIN 200791230 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Placitas Community Library demonstrates consistent financial growth and strong program focus. Over the past five years, revenue has steadily increased from $98,779 in 2020 to $153,101 in 2023, indicating growing community support. The organization consistently spends a high proportion of its expenses on program services, with a very low administrative and fundraising overhead, as evidenced by the zero officer compensation reported across all filings. This suggests efficient use of donor funds directly towards its mission.
The library's asset base has also shown healthy growth, reaching $514,570 in 2023, up from $475,287 in 2020, while maintaining minimal liabilities. This financial stability, combined with its transparent reporting (zero officer compensation, consistent filings), paints a picture of a well-managed and accountable nonprofit. The significant asset increase in 2019 to $971,055, followed by a decrease, warrants further investigation but does not detract from the overall positive trend in recent years.